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"Lost in Transition tells the story of the 'lost generation' that came of age in Japan's deep economic recession in the 1990s. The book argues that Japan is in the midst of profound changes that have had an especially strong impact on the young generation. The country's renowned 'permanent employment system' has unraveled for young workers, only to be replaced by temporary and insecure forms of employment. The much-admired system of moving young people smoothly from school to work has frayed. The book argues that these changes in the very fabric of Japanese postwar institutions have loosened young people's attachment to school as the launching pad into the world of work and loosened their attachment to the workplace as a source of identity and security. The implications for the future of Japanese society - and the fault lines within it - loom large"-- "Lost in Transition tells the story of the 'lost generation' that came of age in Japan's deep economic recession in the 1990s. The book argues that Japan is in the midst of profound changes that have had an especially strong impact on the young generation. The country's renowned 'permanent employment system' has unraveled for young workers, only to be replaced by temporary and insecure forms of employment. The much-admired system of moving young people smoothly from school to work has frayed. The book argues that these changes in the very fabric of Japanese postwar institutions have loosened young people's attachment to school as the launching pad into the world of work and have loosened their attachment to the workplace as a source of identity and security. The implications for the future of Japanese society - and the fault lines within it - loom large"--

Youth --- Jeunesse --- Employment --- Travail --- Youth - Employment - Japan

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Labour market --- Great Britain --- Youth --- Unemployed --- Employment --- Youth - Employment - Germany (West) --- Youth - Employment - Italy --- Youth - Employment - Great Britain --- Unemployed - Germany (West) --- Unemployed - Italy --- Unemployed - Great Britain

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Sociology of work --- Arbeitsmotivation. --- Wandel. --- Work --- Youth --- Employment --- Youth - Employment

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Do matching frictions affect youth employment in developing countries? This paper studies a randomized controlled trial of job fairs in Addis Ababa, Ethiopia. The job fairs match firms with a representative sample of young, educated job-seekers. The meetings at the fairs create very few jobs: one for approximately 10 firms that attended. The paper explores reasons for this, and finds significant evidence for mismatched expectations: about wages, about firms' requirements, and the average quality of job-seekers. There is evidence of learning and updating of beliefs in the aftermath of the fair. This changes behavior: both workers and firms invest more in formal job search after the fairs.

Expectations --- Job Fairs --- Labor Market --- Skills --- Youth Employment

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How do labor income shocks affect household investment in upper secondary and tertiary schooling? Using longitudinal data from 2005-15 for Argentina, Brazil, and Mexico, this paper explores the effect of a negative household income shock on the enrollment status of youth ages 15 to 25. The findings suggest that negative income shocks significantly increase the likelihood that students in upper secondary and tertiary school exit school in Argentina and Brazil, but not in Mexico. For the three countries, the analysis finds evidence that youth who drop out due to a household income shock have worse employment outcomes than similar youth who exit school without a household income shock. Differences in labor markets and safety net programs likely play an important role in the decision to exit school as well as the employment outcomes of those who exit across these three countries.

Education --- Gender --- Income Shocks --- Social Development --- Youth Employment